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After a busy two days at the G20 meetings in Riyadh, G20 finance ministers urged countries to implement #FATF standards on cryptocurrencies and other virtual assets. See the full communiqué here➡️ bit.ly/2wHO7cb /1 @g20org #G20SaudiArabia #FollowTheMoney
@g20org The G20 also reiterated the need for so-called “global stablecoins” to be evaluated before being launched. The FATF is actively monitoring stablecoins and other emerging assets. 2/
@g20org The G20 reaffirmed its support to strengthening the FATF’s global network of regional bodies and called for the “full, effective and swift” implementation of FATF’s international standards. 3/
@g20org The FATF President Xiangmin Liu and FATF Executive Secretary David Lewis emphasised the need for countries to work together to combat money laundering and terrorist financing risks. 4/ #G20SaudiArabia #FollowTheMoney #FATF
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